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Pension and Other Postretirement Benefit Plans
 9 Months Ended
Jun. 27, 2020
Retirement Benefits [Abstract]  
Pension and Other Postretirement Benefits Plans PENSION AND OTHER POSTRETIREMENT BENEFIT PLANS
The components of the net periodic cost for the pension and postretirement benefit plans for the three and nine months ended June 27, 2020, and June 29, 2019, are as follows (in millions):
 
Pension Plans
 
Three Months Ended
 
Nine Months Ended
 
June 27, 2020
 
June 29, 2019
 
June 27, 2020
 
June 29, 2019
 
 
 
 
 
 
 
 
Service cost
$
—

 
$
—

 
$
—

 
$
1

Interest cost
2

 
16

 
19

 
48

Expected return on plan assets
—

 
(14
)
 
(15
)
 
(43
)
Amortization of:
 
 
 
 
 
 
 
Net actuarial loss
1

 
—

 
3

 
1

Prior service cost
1

 
1

 
1

 
1

Settlement (gain) loss
(6
)
 
—

 
(112
)
 
19

Net periodic cost (credit)
$
(2
)
 
$
3

 
$
(104
)
 
$
27

 
Postretirement Benefit Plans
 
Three Months Ended
 
Nine Months Ended
 
June 27, 2020
 
June 29, 2019
 
June 27, 2020
 
June 29, 2019
 
 
 
 
 
 
 
 
Interest cost
$
1

 
$
—

 
$
1

 
$
1

Amortization of prior service cost (credit)
—

 
(1
)
 
(1
)
 
(6
)
Net periodic cost (credit)
$
1

 
$
(1
)
 
$
—

 
$
(5
)

Net periodic benefit cost, excluding the service cost component, was recorded in the Consolidated Condensed Statements of Income in Other, net. We contributed $2 million to our pension plans for the three months ended June 27, 2020 and had no contributions for the three months ended June 29, 2019. We contributed $12 million to our pension plans for each of the nine months ended June 27, 2020 and June 29, 2019. The amount of contributions made to pension plans in any year is dependent upon a number of factors, including minimum funding requirements in the jurisdictions in which we operate.
During the second quarter of fiscal 2020, we recognized a one-time gain of $110 million related to the termination of two qualified pension plans and one multi-employer pension plan and recorded the amount in the Consolidated Condensed Statements of Income in Other, net. The settlements of the two qualified plans through purchased annuities did not require any significant contributions. During the third quarter of fiscal 2020, we recognized an additional pretax gain of $6 million related to the termination of these pension plans and recorded the amount in the Consolidated Condensed Statements of Income in Other, net. The benefit obligations and fair value of plan assets of the two qualified plans were approximately $1.4 billion at September 28, 2019.